Sportradar Group AG

Background

Company Name	Sportradar Group AG
Stock Symbol	SRAD
Class Period	November 07, 2024 to April 21, 2026
Lead Plaintiff Motion Deadline	July 17, 2026

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If you suffered a loss on your Sportradar Group AG investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.

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Shares Purchased

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Additional Comments

Background

On April 22, 2026, Muddy Waters Research released a report alleging, among other things, that Sportradar “has actively aided and abetted illegal gambling across the world's black and grey markets — not as an accident or an oversight, but as a business strategy.” Specifically, the report stated that research had “documented nearly 50 clients who we deem to be operating illegally— including seven Russian sportsbooks, four SEA sportsbooks with confirmed links to Cambodian human trafficking operations, one of whom its own sales team acknowledged was too afraid to attend a trade show for fear of arrest — all actively running directly or indirectly on [Sportradar’s] data infrastructure.”

On this news, Sportradar’s stock price fell $3.80, or 22.6%, to close at $13.04 per share on April 22, 2026, thereby injuring investors.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to that: (1) Sportradar intentionally worked with black-market gambling operators to increase its revenues, despite its assurances of strict legal and regulatory compliance and claims that ethics and integrity were crucial for Sportradar’s operations; (2) the Company’s KYC and compliance processes were not as robust as Defendants’ had claimed; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

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